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Timbercreek Financial Declares July 2025 Dividend
Globenewswireยท2025-07-22 21:00

Core Points - Timbercreek Financial has declared a monthly cash dividend of $0.0575 per common share, payable on August 15, 2025, to shareholders of record on July 31, 2025 [1] - The company offers a Dividend Reinvestment Plan that allows shareholders to reinvest cash dividends to purchase additional common shares at a potential discount without incurring commissions or fees [2] - Under the Dividend Reinvestment Plan, shares can be acquired in the open market or issued from treasury at 98% of the average market price for the five trading days prior to the dividend payment date [3] - Common shares acquired through the Plan will be automatically enrolled, and shareholders holding shares through brokers must enroll for reinvestment through their nominee [4] - Timbercreek Financial is a non-bank commercial real estate lender that provides structured financing solutions, focusing on faster execution and flexible terms compared to traditional Canadian financial institutions [4]